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[quote=Anonymous][quote=Anonymous]Even Krugman says in a column two days ago that yes, not only may there still be a need to break up some of the banks, that might not go far enough.  Even the current Dodd-Frank "living will" requirement of banks in the event of a potential financial collapse might not be enough to prevent the need for taxpayer bailouts and other measures - and recall that 11 big banks had their "living will" plans rejected by FDIC.

http://mobile.nytimes.com/2016/04/11/opinion/snoopy-the-destroyer.html

Seems to me that this is all terribly ironic given just a few days ago people on DCUM in their haste to try and find fault with Sanders were claiming "no economists agree with Sanders and Krugman says it's wrong to want to break up the banks" - which is obviously false given Krugman's own latest column.  Seems Sanders is actually far closer to the mark than Clinton is.[/quote]

And before the Hillary supporters launch into yet another round of NOO HE'S WRONG ALL HE WANTS TO DO IS BREAK UP BANKS, yes, yes, we all know that big banks weren't the only thing and weren't at the heart of the problem, but they certainly are part of it and the threat of big banks failing made it worse - that things like shady lending practices are a big issue that escalated risk:  http://www.c-span.org/video/?c4548333/rep-bernie-sanders-banking-predatory-lending[/quote]

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